Cost of Living in Stykkisholmur, Iceland
Last updated on Jun 10, 2023
Summary: What is the cost of living in Stykkisholmur, Iceland? Hear what expats, digital nomads and retirees living in Stykkisholmur have to say about the cost of housing, health insurance and general living costs.
Is the cost of living in Stykkisholmur high?
We asked people how much they someone comfortably live on in Stykkisholmur, they wrote:
"The cost of living in Stykkisholmur is considered to be relatively high, similar to the rest of the country. Housing is one of the biggest expenses, with rental prices being quite steep, especially for larger properties. Utilities such as electricity, heating, and internet are also significant costs, although these can vary depending on usage and the specific property. Groceries and dining out can also be expensive, with prices for food and drink typically higher than in many other European countries. This is due to the fact that a lot of products have to be imported. Transportation costs can also add up, particularly if you own a car, as petrol prices are high. However, public transportation is available and is a more affordable option. Healthcare in Iceland is of a high standard, but it is not free. Residents pay a portion of their healthcare costs, but this is generally affordable. Overall, while the cost of living in Stykkisholmur can be high, wages in Iceland are also typically higher than in many other countries, which can help to offset these costs," remarked one in Stykkisholmur.
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About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.